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Full audio: NYAG Letitia James announces lawsuit against Donald Trump

The Rachel Maddow Show

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Mister Trump's Valuation of Maralago Golf Club

The unsold residential condo units owned by mister trump and the trump organization represented the lion's share of the reported value for this property. Mister trump also blatantly ignored legal restrictions at marilago. Marilago was valued on the false premise that it sat on unrestricted property and could be developed for residential use. The club generated annual revenues of less than 25 million dollars, and should have been valued at more than valued at about 75 million dollars.

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